https://www.taxtmi.com/caselaws?id=150484 Penalty under section 15-A(1)(b) of the U.P. Sales Tax Act could not be imposed before completion of the relevant year's assessment because the tax payable had not yet been determined. The assessing authority could examine the correctness of the returns only at the stage of regular assessment, and a later amendment to rule 41(3) was prospective and did not apply. On the date of the penalty order, the assessee's admission of escaped turnover could not be relied on, as the authority lacked jurisdiction to use it for penalty at that stage. The penalty order was therefore unsustainable in law. en-us Tue, 19 Sep 1972 00:00:00 +0530 Fri, 17 May 2013 14:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150484 Penalty under section 15-A(1)(b) of the U.P. Sales Tax Act could not be imposed before completion of the relevant year's assessment because the tax payable had not yet been determined. The assessing authority could examine the correctness of the returns only at the stage of regular assessment, and a later amendment to rule 41(3) was prospective and did not apply. On the date of the penalty order, the assessee's admission of escaped turnover could not be relied on, as the authority lacked jurisdiction to use it for penalty at that stage. The penalty order was therefore unsustainable in law. Case-Laws VAT and Sales Tax Tue, 19 Sep 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150484